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FBG Holdings Seeks To Cease Medicity Collaboration With Penang Development Corp

KUALA LUMPUR, Aug 21 (Bernama) -- FBG Holdings Bhd is seeking to cease its collaboration with Penang Development Corporation (PDC) for the proposed MediCity joint development project in Batu Kawan, Penang.

KPJ Healthcare MD Resigns, Effective Sept 1, 2026

KUALA LUMPUR, Aug 21 (Bernama) -- KPJ Healthcare Bhd president and managing director (MD) Chin Keat Chyuan, 52, has resigned from his positions, effective Sept 1, 2026, to pursue other interests.

Gold Futures End Higher On Weaker US Dollar, Yield Concerns

KUALA LUMPUR, Aug 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, buoyed by a weaker greenback and efforts by the United States Treasury Department to keep longer-term yields low.

Bank Islam Announces Retirement Of Chairman Ismail Bakar

KUALA LUMPUR, Aug 21 (Bernama) -- Bank Islam Malaysia Bhd has announced the retirement of its chairman, Tan Sri Dr Ismail Bakar, effective Aug 22, 2026, after six years on the board.

Khee San Subsidiary’s Six Bank Accounts Frozen Amid AMLA Investigation

KUALA LUMPUR, Aug 21 (Bernama) -- Six bank accounts belonging to Khee San Bhd’s wholly owned subsidiary Khee San Food Industries Sdn Bhd (KSFI), have been frozen following an investigation under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA).

MNRB Net Profit Rises To RM183.75 Mln In 1Q FY2027

KUALA LUMPUR, Aug 21 (Bernama) -- MNRB Holdings Bhd’s net profit rose to RM183.75 million in the first quarter ended June 30, 2026 (1Q FY2027) from RM168.43 million in 1Q 2026 due to better contributions from the reinsurance, family takaful and retakaful businesses.

EV Localisation Policy Should Strengthen Industry, Not Restrict Competition -- Penang CM

BATU KAWAN, Aug 21 (Bernama) – Malaysia’s electric vehicle (EV) localisation policy should strengthen the domestic industry without restricting competition, consumer choice or investor confidence.

Malaysia Airports' July International Passenger Traffic Up 9.3 Pct

KUALA LUMPUR, Aug 21 (Bernama) -- International passenger traffic across Malaysia Airports Holdings Bhd's Malaysian operations rose 9.3 per cent month-on-month (m-o-m) to 4.5 million movements in July 2026, supported by the summer travel season across Europe, the Middle East and parts of Asia.

Malaysia Targets Arm Collaboration Chips To Enter Production By 2030 - Akmal Nasrullah

PUTRAJAYA, Aug 21 (Bernama) -- Malaysia aims for locally manufactured chips developed in collaboration with Arm Ltd to enter the production stage and be used in the country’s semiconductor supply chain by 2030, said Economy Minister Akmal Nasrullah Mohd Nasir. 

Apex Securities Raises 2026 Malaysia Export Growth Forecast To 26.2 Pct

KUALA LUMPUR, Aug 21 (Bernama) -- Apex Securities Bhd has raised its 2026 export forecast for Malaysia to 26.2 per cent from 16.3 per cent, underpinned by robust export growth in the first seven months of the year.

NexG Shares Rise 3.03 Pct In Early Trade

KUALA LUMPUR, Aug 21 (Bernama) -- NexG Bhd’s share price rose 3.03 per cent in the early trade on Friday, following the company’s clarification on the government’s request for an indicative price for the possible acquisition of its wholly owned subsidiary, Datasonic Technologies Sdn Bhd (DTSB).

Oppstar Technology, Alphaswift Industries Gain Access To Arm Technology

PUTRAJAYA, Aug 21 (Bernama) -- Two Malaysian companies, Oppstar Technology Sdn Bhd and Alphaswift Industries Sdn Bhd, have gained access to Arm Compute Subsystem (CSS) technology and the Arm Flexible Access (AFA) programme to accelerate integrated circuit design, research and development (R&D), and semiconductor technology development in Malaysia.